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Originally published by Capital Business
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business
May 26, 2026
2h ago

Family Bank Posts Sh1.6bn Q1 Profit on Strong Lending Growth

Family Bank Posts Sh1.6bn Q1 Profit on Strong Lending Growth

NAIROBI, Kenya, May 26 – Family Bank posted a 52.6 percent rise in first-quarter net profit to Sh1.6 billion, supported by strong growth in interest Kenya breaking news | Kenya news today |..

✨ Key Highlights

Family Bank has reported a significant increase in its first-quarter net profit, reaching Sh1.6 billion, a 52.6 percent rise compared to the previous year.

  • Net profit surged to Sh1.6 billion from Sh1.0 billion in the first quarter ended March 2026.
  • The bank, led by Chief Executive Officer Nancy Njau, saw its loan book expand by 12.6 percent to Sh108.3 billion.
  • This strong performance precedes Family Bank's planned listing on the Nairobi Securities Exchange, following a successful private placement.

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